Tucson Housing Market: Home Prices & Rent
Tucson home values since 2000
Last few years
Rent in Tucson
Owning vs renting, monthly
Buying the typical Tucson home with 20% down at this week's 7.32% 30-year rate costs about $2,265/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,488/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
What changed this month
- Tucson homes are worth 5% less than at the 2024 peak
- Tucson home values have fallen 7 months in a row
Tucson vs Arizona vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $336k | -1.8% | $1,488/mo |
| Arizona | $417k | -1.0% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Tucson?
Yes - the typical Tucson-area home value is down 1.8% over the past 12 months, at $336k (September 2026). Values are 5% below their August 2024 peak of $354k.
Is the Tucson housing market crashing?
Home values are 5% below their August 2024 peak and down 1.8% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Tucson?
Typical rent in the Tucson metro is $1,488 a month (September 2026), +1.6% over 12 months.
How much income do you need to buy a home in Tucson?
About $88k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Phoenix, AZ · Cape Coral, FL · Deltona, FL · Palm Bay, FL · Columbus, OH
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Tucson, AZ metro area. How we calculate.